Word: supers
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...this to the growing pile of previously unthinkable fallout from the nation's economic crisis: in 2009, the star-studded parties and corporate blowouts of Super Bowl week might take a backseat to, believe it or not, the actual game...
...With the economy sacked this season, even the activity surrounding the Super Bowl, which will be played on Feb. 1 in Tampa, Fla., between the Arizona Cardinals and Pittsburgh Steelers, is slowing down. "It's never been this soft before," says Alan Bachand, a party promoter and hotel broker who has been working the Super Bowl for the past 12 years. "There just aren't as many good parties going on. Hot tickets that were going for $3,000 are now selling for between $400 and $700. The parties aren't getting as much sponsorship." (See pictures of Super Bowl...
...masses were as they watched Barack Obama take the oath of office. If only you had just made the trip to Washington, you could have gotten some tangible sense of how impressive it all was - or you could just log on to a website called GigaPan, which hosts super-high-resolution panoramic photos. (See pictures of Barack Obama's Inauguration...
...that was appropriate for the previous "inventory cycle" recessions since World War II, but didn't fit at all the collapse of a speculative bubble in the stock market in 2001 and 2002. Consumers, and the housing market, weren't in a recession at all - and the Fed's super-low rates precipitated a bubble. "We inadvertently stimulated an industry that was already in boom conditions," Gramm said. "This changed everything. It changed consumption behavior, it changed lending behavior...
...More worrying for those who still get a thrill out of the bunny ears is that Playboy's Super Bowl party has been canceled. The gala was widely regarded as football's equivalent of the Vanity Fair Oscar party. Last year's bash - for which tickets cost somewhere in the neighborhood of $2,000 - was hosted by Grammy-winning hip-hop artist Common and featured a drop-in by Hugh Marston Hefner himself, along with his three obliging companions from E!'s The Girls Next Door and a herd of other Playmates. For those who preferred women with fewer opinions...